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6Apr 23, 2026·SEC
Apr 15, 2026·SEC
Mar 16, 2026·SEC
American Express Company (AXP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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American Express Company (AXP) stock price & volume — 10-year historical chart
American Express Company (AXP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
American Express Company (AXP) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $4.28vs $4.00+7.0% | $18.9Bvs $18.6B+1.6% |
| Q1 2026 | Jan 30, 2026 | $3.53vs $3.54-0.3% | $19.0Bvs $18.9B+0.3% |
| Q4 2025 | Oct 17, 2025 | $4.14vs $4.00+3.5% | $18.4Bvs $18.0B+2.1% |
| Q3 2025 | Jul 18, 2025 | $4.08vs $3.89+4.9% | $17.9Bvs $17.7B+0.8% |
American Express Company (AXP) competitors in Payment Networks and Merchant Acquiring — business model, growth, and fundamentals comparison
American Express Company (AXP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
American Express Company (AXP) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Net Interest Income | 6.45B | 7.66B | 8.62B | 7.99B | 7.75B | 9.89B | 13.13B | 15.54B | 17.36B | 17.89B |
NII Growth % | 11.63% | 18.79% | 12.49% | -7.37% | -2.94% | 27.68% | 32.73% | 18.34% | 11.72% | 48.77% |
Net Interest Margin % | 3.56% | 4.06% | 4.35% | 4.17% | 4.11% | 4.33% | 5.03% | 5.73% | 5.79% | 5.79% |
Interest Income | 8.56B | 10.61B | 12.08B | 10.08B | 9.03B | 12.66B | 19.98B | 23.8B | 25.6B | 26.13B |
Interest Expense | 2.11B | 2.94B | 3.46B | 2.1B | 1.28B | 2.76B | 6.85B | 8.25B | 8.23B | 8.24B |
Loan Loss Provision | 2.76B | 3.35B | 3.57B | 4.73B | -1.42B | 2.18B | 4.92B | 5.18B | 5.26B | 5.36B |
Non-Interest Income | 30.43B | 32.65B | 35.01B | 28.25B | 35.4B | 42.97B | 47.38B | 50.41B | 54.87B | 56.28B |
Non-Interest Income % | 78.04% | 75.48% | 74.34% | 73.7% | 79.67% | 77.24% | 70.34% | 67.93% | 68.19% | 68.3% |
Total Revenue | 38.99B▲ 0% | 43.26B▲ 10.9% | 47.1B▲ 8.9% | 38.34B▼ 18.6% | 44.43B▲ 15.9% | 55.63B▲ 25.2% | 67.36B▲ 21.1% | 74.2B▲ 10.1% | 80.46B▲ 8.4% | 82.41B▲ 0% |
Revenue Growth % | 1.64% | 10.95% | 8.87% | -18.6% | 15.89% | 25.2% | 21.1% | 10.15% | 8.44% | 37.59% |
Non-Interest Expense | 26.69B | 28.84B | 31.63B | 27.21B | 33.88B | 41.09B | 45.08B | 47.87B | 53.18B | 51.75B |
Efficiency Ratio | 68.46% | 66.67% | 67.16% | 70.98% | 76.25% | 73.88% | 66.92% | 64.51% | 66.09% | 62.8% |
Operating Income | 7.42B▲ 0% | 8.12B▲ 9.4% | 8.43B▲ 3.8% | 4.3B▼ 49.0% | 10.69B▲ 148.8% | 9.59B▼ 10.3% | 10.51B▲ 9.7% | 12.89B▲ 22.7% | 13.79B▲ 7.0% | 17.06B▲ 0% |
Operating Margin % | 19.04% | 18.78% | 17.9% | 11.21% | 24.06% | 17.23% | 15.61% | 17.38% | 17.14% | 20.7% |
Operating Income Growth % | -7.67% | 9.39% | 3.78% | -49.03% | 148.81% | -10.33% | 9.68% | 22.66% | 6.98% | - |
Pretax Income | 7.42B▲ 0% | 8.12B▲ 9.4% | 8.43B▲ 3.8% | 4.3B▼ 49.0% | 10.69B▲ 148.8% | 9.59B▼ 10.3% | 10.51B▲ 9.7% | 12.89B▲ 22.7% | 13.79B▲ 7.0% | 14.24B▲ 0% |
Pretax Margin % | 19.04% | 18.78% | 17.9% | 11.21% | 24.06% | 17.23% | 15.61% | 17.38% | 17.14% | 17.28% |
Income Tax | 4.68B | 1.2B | 1.67B | 1.16B | 2.63B | 2.07B | 2.14B | 2.77B | 2.96B | 3.02B |
Effective Tax Rate % | 62.99% | 14.79% | 19.81% | 27.03% | 24.6% | 21.61% | 20.35% | 21.45% | 21.47% | 21.22% |
Net Income | 2.75B▲ 0% | 6.92B▲ 151.9% | 6.76B▼ 2.3% | 3.13B▼ 53.6% | 8.06B▲ 157.1% | 7.51B▼ 6.8% | 8.37B▲ 11.4% | 10.13B▲ 21.0% | 10.83B▲ 7.0% | 11.22B▲ 0% |
Net Margin % | 7.05% | 16% | 14.35% | 8.18% | 18.14% | 13.51% | 12.43% | 13.65% | 13.46% | 13.61% |
Net Income Growth % | -48.87% | 151.86% | -2.34% | -53.62% | 157.1% | -6.77% | 11.45% | 20.96% | 6.95% | 9.19% |
Net Income (Continuing) | 2.75B | 6.92B | 6.76B | 3.13B | 8.06B | 7.51B | 8.37B | 10.13B | 10.83B | 11.22B |
EPS (Diluted) | 2.97▲ 0% | 8.06▲ 171.4% | 7.99▼ 0.9% | 3.77▼ 52.8% | 10.02▲ 165.8% | 9.84▼ 1.8% | 11.21▲ 13.9% | 14.02▲ 25.1% | 15.38▲ 9.7% | 16.36▲ 0% |
EPS Growth % | -47.43% | 171.38% | -0.87% | -52.82% | 165.78% | -1.8% | 13.92% | 25.07% | 9.7% | 11.94% |
EPS (Basic) | 2.98 | 8.09 | 8.01 | 3.77 | 10.03 | 9.85 | 11.23 | 14.04 | 15.41 | - |
Diluted Shares Outstanding | 886M | 859M | 830M | 806M | 790M | 752M | 736M | 713M | 696M | 686M |
American Express Company (AXP) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash & Short Term Investments | 36.04B | 32.04B | 32.69B | 54.47B | 24.5B | 38.39B | 48.65B | 41.74B | 48.53B | 216.01B |
Cash & Due from Banks | 32.88B | 27.38B | 24.27B | 32.83B | 21.52B | 33.54B | 46.53B | 40.55B | 47.71B | 53.76B |
Short Term Investments | 3.16B | 4.66B | 8.41B | 21.64B | 2.98B | 4.86B | 2.12B | 1.19B | 826M | 290M |
Total Investments | 134.49B | 146.65B | 158.06B | 141.65B | 148.17B | 175.89B | 195.68B | 210.31B | 221.88B | 218.07B |
Investments Growth % | 13.31% | 9.05% | 7.78% | -10.39% | 4.61% | 18.71% | 11.25% | 7.48% | 5.5% | 22.7% |
Long-Term Investments | 131.33B | 141.99B | 149.65B | 120.01B | 145.2B | 171.03B | 193.56B | 209.36B | 221.05B | 859.91B |
Accounts Receivables | 3.21B | 55.32B | 56.79B | 3B | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill & Intangibles | 3.91B | 3.35B | 3.58B | 4.12B | 4B | 3.93B | 3.95B | 4.31B | 4.96B | 0 |
Goodwill | 3.01B | 3.07B | 3.31B | 3.85B | 3.8B | 3.79B | 3.85B | 4.19B | 4.87B | 0 |
Intangible Assets | 899M | 275M | 267M | 265M | 201M | 146M | 98M | 123M | 90M | 0 |
PP&E (Net) | 4.33B | 4.42B | 4.83B | 5.01B | 4.99B | 5.21B | 5.91B | 6.17B | 7.12B | 7.24B |
Other Assets | 63M | -51.45B | -49.23B | 4.76B | 7.16B | 9.78B | 9.04B | 10.11B | 18.39B | 27.64B |
Total Current Assets | 39.93B | 88.82B | 89.48B | 57.47B | 27.2B | 38.39B | 48.65B | 41.74B | 48.53B | 56.52B |
Total Non-Current Assets | 141.26B | 99.78B | 108.84B | 133.9B | 161.35B | 189.96B | 212.46B | 229.96B | 251.52B | 252.66B |
Total Assets | 181.2B▲ 0% | 188.6B▲ 4.1% | 198.32B▲ 5.2% | 191.37B▼ 3.5% | 188.55B▼ 1.5% | 228.35B▲ 21.1% | 261.11B▲ 14.3% | 271.46B▲ 4.0% | 300.05B▲ 10.5% | 308.89B▲ 0% |
Asset Growth % | 14.04% | 4.09% | 5.15% | -3.51% | -1.47% | 21.11% | 14.34% | 3.96% | 10.53% | 38.35% |
Return on Assets (ROA) | 1.62% | 3.74% | 3.49% | 1.61% | 4.24% | 3.6% | 3.42% | 3.8% | 3.79% | 3.73% |
Accounts Payable | 14.66B | 12.26B | 12.74B | 9.44B | 10.57B | 12.13B | 13.11B | 13.88B | 14.7B | 0 |
Total Debt | 59.08B | 61.52B | 64.28B | 44.83B | 40.92B | 43.92B | 49.16B | 51.09B | 57.76B | 60.44B |
Net Debt | 26.2B | 34.14B | 40B | 12B | 19.4B | 10.38B | 2.63B | 10.54B | 10.05B | 6.68B |
Long-Term Debt | 55.78B | 58.4B | 57.81B | 42.94B | 38.66B | 42.57B | 47.87B | 49.72B | 56.39B | 58.75B |
Short-Term Debt | 3.28B | 3.1B | 6.44B | 1.88B | 2.24B | 1.35B | 1.29B | 1.37B | 1.37B | 1.69B |
Other Liabilities | 19.07B | 19.22B | 21.1B | 23.59B | 26.17B | 32.2B | 36.14B | 30.65B | 34.73B | 56.51B |
Total Current Liabilities | 86.51B | 86.91B | 94.26B | 99.56B | 99.01B | 125.85B | 145.61B | 156.79B | 170.81B | 159.64B |
Total Non-Current Liabilities | 76.43B | 79.4B | 80.99B | 68.82B | 67.36B | 77.8B | 87.44B | 84.41B | 95.77B | 115.26B |
Total Liabilities | 162.94B | 166.31B | 175.25B | 168.38B | 166.37B | 203.64B | 233.05B | 241.2B | 266.58B | 274.9B |
Total Equity | 18.26B▲ 0% | 22.29B▲ 22.1% | 23.07B▲ 3.5% | 22.98B▼ 0.4% | 22.18B▼ 3.5% | 24.71B▲ 11.4% | 28.06B▲ 13.5% | 30.26B▲ 7.9% | 33.47B▲ 10.6% | 33.99B▲ 0% |
Equity Growth % | -10.93% | 22.06% | 3.5% | -0.38% | -3.51% | 11.43% | 13.54% | 7.87% | 10.61% | 38.06% |
Equity / Assets (Capital Ratio) | 10.08% | 11.82% | 11.63% | 12.01% | 11.76% | 10.82% | 10.75% | 11.15% | 11.16% | 11.01% |
Return on Equity (ROE) | 14.18% | 34.13% | 29.8% | 13.61% | 35.69% | 32.05% | 31.74% | 34.74% | 33.99% | 33.95% |
Book Value per Share | 20.61 | 25.95 | 27.80 | 28.52 | 28.07 | 32.86 | 38.12 | 42.45 | 48.09 | 49.56 |
Tangible BV per Share | 16.20 | 22.05 | 23.48 | 23.41 | 23.00 | 27.63 | 32.76 | 36.40 | 40.96 | 49.56 |
Common Stock | 172M | 170M | 163M | 161M | 153M | 149M | 145M | 141M | 138M | 137M |
Additional Paid-in Capital | 12.21B | 12.22B | 11.77B | 11.88B | 11.49B | 11.49B | 11.37B | 11.37B | 11.13B | 11.08B |
Retained Earnings | 8.31B | 12.5B | 13.87B | 13.84B | 13.47B | 16.28B | 19.61B | 22.15B | 25.49B | 26.09B |
Accumulated OCI | -2.43B | -2.6B | -2.74B | -2.9B | -2.94B | -3.21B | -3.07B | -3.4B | -3.28B | -3.31B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
American Express Company (AXP) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 13.54B | 8.93B | 13.63B | 5.59B | 14.64B | 21.08B | 18.56B | 14.05B | 18.43B | 17.47B |
Operating CF Growth % | 64.64% | -34.05% | 52.65% | -58.99% | 161.94% | 43.93% | -11.96% | -24.3% | 31.16% | 373.21% |
Net Income | 2.74B | 6.92B | 6.76B | 3.13B | 8.06B | 7.51B | 8.37B | 10.13B | 10.83B | 11.22B |
Depreciation & Amortization | 1.32B | 1.29B | 1.19B | 1.54B | 1.7B | 1.63B | 1.65B | 1.68B | 1.78B | 1.81B |
Deferred Taxes | 783M | 455M | -151M | -939M | 294M | -1.19B | -1.33B | -990M | -542M | -377M |
Other Non-Cash Items | 2.76B | 3.35B | 4.15B | 5.41B | -2.19B | 2.55B | 5.59B | 4.62B | 4.95B | 4.51B |
Working Capital Changes | 5.66B | -3.37B | 1.4B | -3.81B | 6.46B | 10.21B | 3.82B | -1.89B | 864M | -291M |
Cash from Investing | -18.27B | -19.61B | -16.71B | 11.63B | -10.53B | -33.69B | -24.43B | -24.4B | -22.89B | -26.21B |
Purchase of Investments | -2.61B | -5.43B | -11.17B | -20.56B | -1.52B | -4.17B | -1.57B | -1.59B | -1.76B | -3.5B |
Sale/Maturity of Investments | 2.5B | 3.5B | 7.35B | 7.23B | 20.09B | 1.92B | 3.89B | 2.22B | 1.5B | 1.46B |
Net Investment Activity | -116M | -1.93B | -3.81B | -13.33B | 18.58B | -2.26B | 2.32B | 628M | -260M | -2.04B |
Acquisitions | -211M | -520M | -352M | -597M | 1M | -15M | -64M | 140M | -633M | -498M |
Other Investing | -16.88B | -15.85B | -10.89B | 27.04B | -27.56B | -29.56B | -25.12B | -23.26B | -19.57B | -20.53B |
Cash from Financing | 12.24B | 5.1B | -519M | -9.07B | -14.93B | 24.51B | 18.38B | 4.44B | 11.21B | 9.54B |
Dividends Paid | -1.25B | -1.32B | -1.42B | -1.47B | -1.45B | -1.56B | -1.78B | -2B | -2.27B | -2.35B |
Share Repurchases | -4.4B | -1.69B | -4.68B | -1.03B | -7.65B | -3.5B | -3.65B | -6.02B | -5.81B | -6.52B |
Stock Issued | 129M | 87M | 86M | 44M | 64M | 56M | 28M | 100M | 57M | 42M |
Net Stock Activity | -4.27B | -1.6B | -4.6B | -985M | -7.59B | -3.45B | -3.62B | -5.92B | -5.76B | -6.47B |
Debt Issuance (Net) | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 0 |
Other Financing | 11.38B | 5.54B | 3.33B | 13.54B | -2.47B | 25.9B | 18.91B | 10.3B | 13.04B | 9.95B |
Net Change in Cash | 7.72B▲ 0% | -5.46B▼ 170.7% | -3.36B▲ 38.4% | 8.52B▲ 353.4% | -10.94B▼ 228.4% | 11.89B▲ 208.7% | 12.68B▲ 6.7% | -5.96B▼ 147.0% | 7.15B▲ 220.1% | 1.25B▲ 0% |
Exchange Rate Effect | 207M | 129M | 232M | 364M | -120M | -13M | 177M | -40M | 405M | 452M |
Cash at Beginning | 25.21B | 33.26B | 27.81B | 24.45B | 32.97B | 22.03B | 33.91B | 46.6B | 40.64B | 47.79B |
Cash at End | 32.93B | 27.81B | 24.45B | 32.97B | 22.03B | 33.91B | 46.6B | 40.64B | 47.79B | 53.76B |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Free Cash Flow | 12.48B▲ 0% | 7.62B▼ 38.9% | 11.99B▲ 57.3% | 4.11B▼ 65.7% | 13.1B▲ 218.4% | 19.22B▲ 46.8% | 17B▼ 11.6% | 12.14B▼ 28.6% | 16B▲ 31.8% | 14.32B▲ 0% |
FCF Growth % | 82.19% | -38.93% | 57.31% | -65.69% | 218.38% | 46.8% | -11.59% | -28.58% | 31.83% | 26.59% |
American Express Company (AXP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 14.18% | 34.13% | 29.8% | 13.61% | 35.69% | 32.05% | 31.74% | 34.74% | 33.99% | 33.95% |
Return on Assets (ROA) | 1.62% | 3.74% | 3.49% | 1.61% | 4.24% | 3.6% | 3.42% | 3.8% | 3.79% | 3.73% |
Net Interest Margin | 3.56% | 4.06% | 4.35% | 4.17% | 4.11% | 4.33% | 5.03% | 5.73% | 5.79% | 5.79% |
Efficiency Ratio | 68.46% | 66.67% | 67.16% | 70.98% | 76.25% | 73.88% | 66.92% | 64.51% | 66.09% | 62.8% |
Equity / Assets | 10.08% | 11.82% | 11.63% | 12.01% | 11.76% | 10.82% | 10.75% | 11.15% | 11.16% | 11.01% |
Book Value / Share | 20.61 | 25.95 | 27.8 | 28.52 | 28.07 | 32.86 | 38.12 | 42.45 | 48.09 | 49.56 |
NII Growth | 11.63% | 18.79% | 12.49% | -7.37% | -2.94% | 27.68% | 32.73% | 18.34% | 11.72% | 12.19% |
Dividend Payout | 45.52% | 19.13% | 21.04% | 47.02% | 17.97% | 20.83% | 21.26% | 19.74% | 20.96% | 20.9% |
American Express Company (AXP) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 23, 2026·SEC
Apr 15, 2026·SEC
Mar 16, 2026·SEC
American Express Company (AXP) stock FAQ — growth, dividends, profitability & financials explained
American Express Company (AXP) grew revenue by 8.4% over the past year. This is steady growth.
Yes, American Express Company (AXP) is profitable, generating $11.22B in net income for fiscal year 2025 (13.5% net margin).
Yes, American Express Company (AXP) pays a dividend with a yield of 0.96%. This makes it attractive for income-focused investors.
American Express Company (AXP) has a return on equity (ROE) of 34.0%. This is excellent, indicating efficient use of shareholder capital.
American Express Company (AXP) has a net interest margin (NIM) of 5.8%. This indicates healthy earnings from lending activities.
American Express Company (AXP) has an efficiency ratio of 66.1%. This is higher than peers, suggesting room for cost optimization.